Difference between revisions of "Absheron Gas Field"
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* It has production capacity of 4 million cubic meters of gas per day and 12,000 barrels a day of condensate. The gas is sold on the domestic market in Azerbaijan. | * It has production capacity of 4 million cubic meters of gas per day and 12,000 barrels a day of condensate. The gas is sold on the domestic market in Azerbaijan. | ||
* A second phase is under development | * A second phase is under development | ||
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| + | === Contractors === | ||
| + | * - | ||
=== History === | === History === | ||
Revision as of 16:59, 16 February 2024
Summary Information
- Operator: JOCAP (Joint Operating Company of Absheron Petroleum) - Total
- Country: Azerbaijan
- Location: Caspian Sea
- Production start:
- Partners: Socar, ADNOC
- Type: Gas
- Estimated Reserves: 150 to 300 billions of cubic meters (Bcm)
- Production Volume:
Description
- The Absheron gas and condensate field is located in the Caspian Sea 100 km south-east of the coast.
- The first phase connects a subsea production well to a new gas processing platform, itself linked to SOCAR’s existing facilities in Oil Rocks.
- It has production capacity of 4 million cubic meters of gas per day and 12,000 barrels a day of condensate. The gas is sold on the domestic market in Azerbaijan.
- A second phase is under development
Contractors
- -
History
- 2009 - Total Signs Exploration, Development and Production Sharing Agreement with SOCAR for the Absheron block
- 2011 - The Absheron X-2 well encountered more than 500 feet of cumulated net gas pays
- 2012 - Declaration of commerciality
- 2016 - The partners agree to develop the field
- 2023 - ADNOC agrees to acquire a 30% Equity Stake
- 2023 - First gas produced
Geology
- The well results indicate gas resources of 150 to 300 billions of cubic meters (Bcm) – 5 to 10 trillions of cubic feet (Tcf) - of non-associated gas with condensates in the Balakhany and Fasila formations on the Northern compartment of the structure. The elongated structure straddles approximately 270 square-kilometers and the cumulative net pay is greater than 160 meters thick.
Links
- Absheron, Socar
- Azerbaijan: Total makes a major gas discovery in the Caspian Sea
- GDF SUEZ announces promising Absheron license results in Azerbaijan
- Azerbaijan: Socar, Total and GDF Suez issue a ‘Notice of Discovery and its Commerciality’ for the Absheron discovery
- Total Signs Exploration, Development and Production Sharing Agreement with SOCAR for the Absheron block in Azerbaijan
- Azerbaijan: Total and SOCAR sign agreement to develop Absheron discovery
- ADNOC to Acquire 30% Equity Stake in Absheron Gas Field
- Azerbaijan: Inauguration of the Absheron gas field
